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Cochlear’s war warning | Super back on track | Rugby Australia returns to profit


Cochlear has issued its second profit warning of the year as the war impacts earnings and sends the broader sharemarket lower; the median super growth fund is expected to have reversed the losses seen in March; and Rugby Australia pushes ahead with an investment fund as it returns to profit.

00:00 Shares of hearing implant maker Cochlear plummet
03:00 Donald Trump’s pick to replace Federal Reserve Chair grilled by senators
04:19 Rugby Australia is pushing ahead with plans to establish an investment fund

Ricardo Gonçalves breaks down the day’s financial news in On The Money.

#DonaldTrump #cochlear #EconomicGrowth #MiddleEast #USimports #RugbyAustralia

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